Professional Sports Brand Image
“Chinese Runners’ Brand of Choice”, after restructured as a professional sports brand
Expanding Gross Profit Margin
For the 5th consecutive year to 43.9%, +0.6 p.p. YoY
Running as Core Sport
Sportswear sponsor of the most number of marathons in China
Strong
Net Cash
RMB2,565.3 mn of net cash and cash equivalents, 48.6% of net assets
Top
E-commerce
Seller
Maintained leading sports footwear sales volume positions on Tmall.com and JD.com, contributed ~ 20% of revenue
High
Dividend Payout
52.4%, above 50% since listing in 2008